IQVIA Trade accounts receivable and unbilled services, net decreased by 1.6% to $3.35B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $3.27B to $3.35B. Over 5 years (FY 2020 to FY 2025), Trade accounts receivable and unbilled services, net shows an upward trend with a 7.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increasing trend relative to revenue may signal deteriorating credit quality or longer payment cycles, while a decrease suggests efficient collections.
This metric captures the total amount owed to the company by clients for services rendered, including both invoiced trad...
Common in service-based industries; peers in CRO services typically have high receivables due to milestone-based billing.
current_assets_trade_accounts_receivable_and_unbilled_se_b1e9cd| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.28B | $2.33B | $2.55B | $2.62B | $2.68B | $2.64B | $2.92B | $3.06B | $3.14B | $3.23B | $3.38B | $3.43B | $3.26B | $3.20B | $3.20B | $3.27B | $3.34B | $3.27B | $3.40B | $3.35B |
| QoQ Change | — | +2.4% | +9.5% | +2.7% | +2.3% | -1.5% | +10.5% | +5.0% | +2.5% | +2.8% | +4.8% | +1.3% | -5.0% | -1.8% | +0.3% | +2.0% | +2.3% | -2.2% | +4.0% | -1.6% |
| YoY Change | — | — | — | — | +17.7% | +13.3% | +14.3% | +17.0% | +17.2% | +22.2% | +15.9% | +11.9% | +3.7% | -1.0% | -5.2% | -4.6% | +2.7% | +2.3% | +6.1% | +2.4% |